GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Boart Longyear Ltd (GREY:BLYFF) » Definitions » Capex-to-Operating-Cash-Flow

Boart Longyear (Boart Longyear) Capex-to-Operating-Cash-Flow : 0.79 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Boart Longyear Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Boart Longyear's Capital Expenditure for the six months ended in Dec. 2023 was $-26.23 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was $33.40 Mil.

Hence, Boart Longyear's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 0.79.


Boart Longyear Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Boart Longyear's Capex-to-Operating-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Boart Longyear Capex-to-Operating-Cash-Flow Chart

Boart Longyear Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 0.65 18.15 0.87 0.91

Boart Longyear Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.37 0.65 1.09 0.79

Competitive Comparison of Boart Longyear's Capex-to-Operating-Cash-Flow

For the Oil & Gas Equipment & Services subindustry, Boart Longyear's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Boart Longyear's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Boart Longyear's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Boart Longyear's Capex-to-Operating-Cash-Flow falls into.



Boart Longyear Capex-to-Operating-Cash-Flow Calculation

Boart Longyear's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-50.592) / 55.778
=0.91

Boart Longyear's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-26.233) / 33.399
=0.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Boart Longyear  (GREY:BLYFF) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Boart Longyear Capex-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Boart Longyear's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Boart Longyear (Boart Longyear) Business Description

Industry
Traded in Other Exchanges
Address
2455 South 3600 West, Salt Lake City, UT, USA, 84119
Boart Longyear Ltd is a U.S.-based ASX-listed company with large market shares in the Global mineral drilling services and drilling equipment industries. The company operates two divisions: Global Drilling Services and Global Products. The Global Drilling Services division that derives the majority revenue operates for a diverse mining customer base spanning a wide range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals. The Global Products division designs, manufactures and sells drilling equipment, performance tooling, down-hole instrumentation, and parts and services.

Boart Longyear (Boart Longyear) Headlines